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Financial
Distress signals
Property profile

1345 Washington Ave Miami Beach, FL 33139

FOR SALE
Outlet malls
Property ID
US18-4631707
7,000 SF 0.26 ac lot Built 1948
Last sale May 2023
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1345 Washington Ave, Miami Beach, FL 33139 For Sale
$1,805,000 7,000 SF
1345 Washington Ave, Miami Beach, FL 33139
View Listing

Property summary

AI-generated overview

A retail property located on Washington Ave in Miami Beach, Florida, positioned in the South Beach area with storefront frontage along a heavily traveled corridor. The site is within walking distance of major South Beach destinations including Ocean Drive and Lincoln Road, and is surrounded by a mix of dining, nightlife, retail, and entertainment establishments as well as large hospitality properties.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$92k
Tax billed · 2023
Assessed value$5.16M
Assessed land$4.58M
Assessed improvement$579k
Effective rate1.78%

Value estimate

· Oct 2026
$1.81M
$1.62M – $1.99M
Submarket $/SF estimate$1.40M
NOI build-up
Gross scheduled income$279k
Vacancy & credit loss−$24k
Operating expenses−$76k
NOI · 509,885.71% cap applied$178k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$2,328/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$688 – $4,555
Qualifying comparables12

Cap rate analysis

How does the asset earn?
509,885.71%
$178k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
6400:COMMERCIAL,CENTRAL
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher9.0
Laundromat8.4
Chinese Restaurant7.2

Location

1345 Washington Ave Miami Beach, FL 33139
County assessor Recorded deeds · 9 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
740 Collins, Miami Beach, FL 33139-6216 $5,250,000 Feb 2026 6,434 SF
720 Lincoln, Miami Beach, FL 33139-2814 $11,750,000 Feb 2026 7,800 SF
736 Collins, Miami Beach, FL 33139-6216 $6,050,000 Sep 2024 7,906 SF
1676 Alton, Miami Beach, FL 33139-2426 $39,300,000 Jun 2022 7,500 SF
1656 Alton, Miami Beach, FL 33139-2426 $39,300,000 Jun 2022 7,964 SF
1417 Washington, Miami Beach, FL 33139-4109 $925,200 Feb 2022 6,910 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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